The thing i love most with Scott is how humble he is, and how honest he is with his mistakes.
@platoscavealum902
Жыл бұрын
I agree
@Username_CC_
Жыл бұрын
Having 9 figures negates that I'm sorry
@ViktorFerenczi
11 ай бұрын
Yeah, humbe-brag
@scottgould
9 ай бұрын
He's frightfully arrogant
@ConAntonakos
29 күн бұрын
Don't confuse arrogance with confidence.
@AjayPoriya
11 ай бұрын
Scott's unfiltered insights on money, marriage, and wealth are a must-watch!
@farbodba
Жыл бұрын
I love and appreciate how honestly Scott was answering every question with no politics and no bullshit around it. Respect!
@aaronrey2658
Жыл бұрын
Ed, thank you for a fantastic interview! Your other career should be interviews... This is one of the greatest personal interviews on the value of time, investing, honesty Ive ever watched or listened to.. Thank you Scott ...Go Bruins! Go Qs bar Mafia..
@mauriciojimenez1979
Жыл бұрын
I never take the time to comment on anything- good or bad- but this was too good to not take the time to do so. It’s without a doubt the best episode yet. Looking forward to reading your next book.
@abbyready5481
10 ай бұрын
One of my favorite Prof G shows to date. Thanks for sharing, Scott.
@vreneli79
Жыл бұрын
This is Scott's greatest work! What a service to humanity. Thank you for your candor and insight.
@vvolfbelorven7084
11 ай бұрын
I love this. What Scott is doing is bringing down the knowledge to the rest of us - common folk at the moment. The best part is 38:30 and 44:48: "Elbow your way into the position"
@ZoffPhx
Жыл бұрын
Fantastic interview. I feel like at age 54 I have made so many mistakes that it be tough to recover from before I go to the other side. Scott I enjoy your insights they motivate me to be better and work my out of this hole I created. My father always said life isnt a dress rehearsal. So you better live it in my eyes
@realdeal139
Жыл бұрын
Scott is the best!
@mikert89
Жыл бұрын
This is the best episode I’ve ever heard from Scott
@philopapos
11 ай бұрын
This is a goldmine of an interview! Tnx for being direct, candid and informative!
@kenmurray2765
Жыл бұрын
so glad this link got posted on Reddit! Great 1 hr.. so worth it!
@fabianalangdemattos7110
11 ай бұрын
Great interview!! Scott, I love the way you think and how honest you are at yourself.
@drmkiwi
Жыл бұрын
Thank you for great episodes every week and this one topped the lot. Essential listening for late teens and early twenty somethings. Cheers, David
@connorkiley2470
Ай бұрын
Scott you’re a beast dude. Keep being unapologetic about being human and keep not giving a fuck what “society” thinks.
@DanieleO.
Жыл бұрын
What I admire of you, is that with your money you bought such a freedom that you can say whatever you think it is worth saying, and often even aginst your same interests in stake.
@cascade_Luke
Ай бұрын
Great broadcast. I’ve seen many of your shows. Going to rewatch and show my wife.
@pullups2759
11 ай бұрын
Great interview and great interviewer
@gsershhs
11 ай бұрын
This is so informative. Thank you, everyone behind the show.
@mrb6309
Жыл бұрын
Can't believe this kind of content only has 140K subscribers. This is GOLD
@sarasas5631
Жыл бұрын
Great episode and quests team! Scott thanks for sharing!
@mxlyzer
2 ай бұрын
I wish I was debt free. Would love to optimise my time on creating wealth so I could help other people. There is nothing more rewarding in life than helping people in need. ❤
@JazzyBee12
10 ай бұрын
I love this guy man, he gets it. Shit ain’t easy out here and you need to put in the work to get results. But make sure you take care of #1.
@JoalexerIsrael
Жыл бұрын
Really quality answers for how to handle personal finances
@Make-A-Mil
Ай бұрын
totally agree with Prof G about debt. NOT ALL debt is bad, that is the truth. If you take out a line of credit to buy Gucci and Prada and go on vacations you can't afford, that's bad debt. If you buy a duplex near your work, in an area poised to grow, and rent the other unit out to pay the mortgage... that's GREAT debt!!! it all depends on the context and situation, as the prof definitely mentioned!
@user-xs5dp4gw8e
2 ай бұрын
Great video editing. Like the written points to help drive home the learnings.
@-Gramps
10 ай бұрын
Thanks for being so open & honest about your personal knowledge and experience! I, too, realized I needed to get serious about investing after my first child was born. Unfortunately, I grew up with a father that had absolutely no impulse control with spending & gambling. Consequently, I had absolutely no role model regarding money management. I wish your information had been available 40 years ago.
@eliphino12
Жыл бұрын
Love hearing the nitty gritty from Scott. A question about charitable giving- How do you select good causes to give to? I know there are services like charity navigator but these seem to be orgs that just give a rating based on how good the charity is at paperwork and admin tasks, not necessarily correlated to impact. How does Scott make this selection?
@ZatWarrior
Жыл бұрын
I’ve been watching your videos, Scott, since I was 16, about 7 years ago with Gartner L2. Between the podcast, interviews, book ‘The Four’ (I bought it but it is in my closet mostly unread) I’d like to say, thank you. I don’t agree with you on everything, but I appreciate you striving to make engaging and valuable content for the masses.
@jessetrott2549
Жыл бұрын
Wow guys. This episode is so good. Great interview.
@ZeeWatcher1000
Жыл бұрын
I love this content. I was so heartbroken when the L2 episodes stopped.
@jeriboxx4331
Жыл бұрын
Great one! Who ever pitched this gets a gold star for the week! ⭐️
@Kabul-v2h
Жыл бұрын
I recently came across your content and unbelievable how much valuable information you provide for free. Thank you Sir!
@erik8186
Жыл бұрын
Appreciate the candor. Helpful.
@stockplan
Жыл бұрын
Scott thank yo for your advice and giving me financial hope, not doing good$$, you give me hope , thank you
@MattHayek
Жыл бұрын
Great video, definitely sending this to some friends.
@DaveCadoff
Жыл бұрын
Well done, gentlemen. Well done.
@steveng8727
Жыл бұрын
Awesome interview, appreciate the thoughtful conversation, hello from the Philippines.
@gordonsteen8415
Жыл бұрын
Great questions.
@dhpdaedalusStudio
Жыл бұрын
Wow, amazing episode. Thanks!
@mrjvc
Жыл бұрын
Wow, this was one of the best ones. Thanks
@kapdolkim1914
Жыл бұрын
This one was great. I am a similar age and a lot hits home.
@rezam87
Жыл бұрын
I deeply enjoyed this talk! Thanks for sharing! 🙏
@JP-om3ou
Жыл бұрын
Great content and insight. Love the honesty; love the generosity
@sammysway1765
Жыл бұрын
Great pod 👌
@LolaCabaya
Жыл бұрын
This EPISODE is 🫰🏽💜 - I’m listening to Prof G talk about divorcing at 33 years old and had to stop to say that.
@kenklak
Жыл бұрын
"you're in the top 1% of whatever you are, 14-year-olds, " ... Ed didn't even flinch. I love this show.
@tecala1
Жыл бұрын
This was an excellent session. Great questions from aspirational relative youth to middle age success.
@MrWetube87
Жыл бұрын
Glad I found this channel. Great interview.
@amylee9
Жыл бұрын
Loved this interview.
@flavingp
Жыл бұрын
Thanks for being transparent Scott, you will help a lot of peeps!
@aaronrey2658
Жыл бұрын
I do think if someone has enough wealth in their lifetime that creating intergenerational wealth in a family across time matters. Building trusts that have rules for support, success. So that the next generation can start off solid but still needs to work for success. Example: Trust that has following support rules,, For Kids, grandkids, great, great-great grand kids.. For Kids 0-15 yrs old supporting their life basics+, being a good kid, thoughtful, good to others, sports, scouts, lifeguard etc.. 16-26 yrs old Focus on schools, work, trade skills, military or public service, basic used car, performance driven outcomes for them 27-35 yrs old getting life organized, basic home, career launch, becoming a good steward of the trust & basic+ support for the next set of kids.. rinse, repeat..
@jamesd6717
Жыл бұрын
Truth bombs all over that first 10 mins! Great
@surferdude-d7u
Жыл бұрын
Prof G, Great financial advice. You clearly know how to make money and your teaching and experience is much appreciated. And very helpful true-life stories to make the points. I also appreciate the transparency about your personal life.The advice about how money allows you to solidify relationships is clearly not expert advice. Maybe I'm wrong. I'd love to hear specifically how you use money to solidify your relationships. I think an expert would say that using money to solidify relationships is akin to putting all of your financial assets in a single, very risky investment. I don't think it's a very healthy (or true) message. I particularly felt a little bad for your young co-host. I say that respectfully. Love, which is what all good relationships are built on, transcends money by orders of magnitude. They barely belong in the same conversation, except maybe in a very narrow scope. I don't want to take away from all of the good stuff and good intentions in this episode. Just thought it important to challenge the part about solidifying relationships with money. It doesn't work.
@hopefully2224
Жыл бұрын
Prenup should be required. I hate how men always say they were financially ruined. It should not be that way. However the true monetary value of a womans contribution, if she stays at home, needs to be acknowledged when they still love each other.
@BodyByBenSLC
Жыл бұрын
16:00 I worked at a ritzy gym, it was for upper and upper middle class people. 11am gym was packed with stay at home moms, some were my clients. I was shocked at what I was told and/or overhead, they would give each other tips on how to hind and steal money from husbands. One woman I was training told me she had stopped taking birth control and did not tell husband because she needed his money for another 18 years. Money changes people and not for the best.
@BodyByBenSLC
Жыл бұрын
Love is for teenagers, poor people and gay dudes.
@dosesandmimoses
Жыл бұрын
This is sound financial advice.. it can even be as easy as $250.00/mo beginning at 24.. with a little luck with timing and recognizing certain market patterns with the help of an advisor.. you can at least use the advantages of time and dollar cost averaging upon reinvesting returns.
@ReasonableHuman1
Жыл бұрын
Great interview
@leevesterthemolester7889
Жыл бұрын
Great content
@may-maytanymaytany_s3417
Жыл бұрын
Wow, subscribe.he’s super kind and super honest. Got so much from listening to his life experiences and investing journey.🙏
@jasn010
Жыл бұрын
47:30. When you have worked so hard your whole life and saved like crazy, now you just want to finally enjoy it. You deserve it Scott
@Username_CC_
Жыл бұрын
Bro he has 9 figures thats insane
@dollarette
Жыл бұрын
From the standpoint of an impoverished Canadian, Prof G's complaint of only making 300K US per year is a slap in any toothless Canadian's face. The compounding wealth of the US is just astonishing relative to hinterland countries like Canada and Mexico. Our currency alone automatically gives us a 30% kneecapping.
@TravisRiver
11 ай бұрын
It's actually a slap in any NY'ers face in 2023 as wel. He's talking about levels of wealth (like they're attainable) that only 1% will see. In reality, capitalism has us all believing we're a bunch of temporarily embarrassed millionaires.
@craigcruz8206
11 ай бұрын
If the exchange rate is Canada’s knee capping then private healthcare in America is their gang beating. In Canada we make life-saving choices in America they make life savings choices. Further, there is less disparity between the haves, and have nots.
@henrikwakman7776
11 ай бұрын
Complaining keeps you poor. Think upwards, don't relish bad circumstances.
@oldschoolpanels
8 ай бұрын
Then move.
@stevechance150
3 ай бұрын
@@henrikwakman7776you sound like the guy who throws his wife to the ground and puts his boot on her neck, and says "Stop complaining about the boot on your throat, whining just makes it worse for you".
@robdogglbc
Жыл бұрын
Incredible, the last about 8 mins is some of the best advise I've heard
@jackiechan8840
Жыл бұрын
This is like therapy for us all.
@DP-sh3nk
4 ай бұрын
at 29:54 top 1% for 14 year olds? Did he mean 40 year olds? Although he looks like he's in his 20s
@ericwood3709
Жыл бұрын
I wish I had known about this channel before I started playing around with investing, but I'm glad I know about it now :) I have been learning the hard way of the value of being diversified and investing in safer instruments. The Vanguard index funds look great, for example. Now I'm going for a nice mix of those and government treasury bills, bond/treasury-based ETFs, and a selection of companies that seem like either a safe bet or something worth gambling a little on based on various factors. It is also a challenge learning not to panic-sell and not to buy into hype. I don't recall if he said it here or in another video, but the good professor did mention that once you're hearing about it, it's probably too late.
@mykatton
Жыл бұрын
Exceptionally great video. I think it is important not to downplay passive index investing. $100k x 50yrs x15% per year is $100,000,000. - Granted that is at the high end of the return range - (the S&P 500 is about 10% per year). But please remember $0.02c (two pennies), doubled every day for the month of August returns $10 million on the first day of September. Use, covered calls and +25% leverage, judiciously along the way as you decide.
@paulbernard2094
Жыл бұрын
Great show today.
@abcdefghijklmmm930
Жыл бұрын
What do you think of the concept techno feudalism teem used by yanis Varufakis
@johnhogan5766
11 ай бұрын
This guy must be fun at parties
@thomas6502
Жыл бұрын
Wow, ignore Scott's advice on not being in the room when your children are born. ;-) (Learned nothing... makes me wonder about the other stuff. Sigh.) That said, really appreciate the discussion. Thanks Ed (and co.) for the great questions, and thank you professor for the candid talk.
@browser703
Жыл бұрын
Your watery eyes are proof that you are sincere about what you say Scott, thanks.
@David-xb1ji
Жыл бұрын
Holy shit. 9 figures and still not feeling financially secure
@jackjack4412
Жыл бұрын
He's full of it.
@HOWARD963_
Жыл бұрын
57:00 ♥️
@mrplatink
Жыл бұрын
What are some of the amazing things the world offers? Could you write a book on the ways you've spent sh*** tons of money?
@joeaaronsen
Жыл бұрын
Spending money is not the road to happiness.
@iancoleman5555
Жыл бұрын
Please speak to some climate scientists, you're living in a totally different world to them
@DS-nv8bi
11 ай бұрын
how much for jab injuries
@GasMart623
8 ай бұрын
Gail force winds (Lucky)
@ntrope2090
10 ай бұрын
Professor G should check out the donut economy. Stripping companies of their employees and making millions for greed’s sake is pretty lame.
@kikolatulipe
Жыл бұрын
Passed 9 figures ! Didn’t know he is a billionaire! Good for him !
@costco_pizza
Жыл бұрын
9 figures would put him in the hundred millionaire status, but even still that's absolutely insane. I didn't realize he was so wealthy.
@jackjack4412
Жыл бұрын
He's not worth over $100M.
@warrenbridle2494
11 ай бұрын
Did he get his math wrong, maybe 8 figures (range 10M-99M)? If he’s not feeling financially secure at 8 figures, he’s doing something wrong!!
@barriehep
Жыл бұрын
It’s incredibly generous of you Scott to tell folks all this. Because I’d heard to do it before, I’ve tried to copy you in explaining to others some of the stuff that people just never explain to you. (Like you get wealthy from assets, not from your salary….) I hope I do it as humbly* as you do here (*not a word normally associated with Prog G 😂)
@Username_CC_
Жыл бұрын
He has 100 mil and you think his words are generous lmao fool
@claymelton
Жыл бұрын
The divorce comments are caught in my filter of things to ignore. I think that is a dangerous filter we all carry! We should listen to your advice!
@casual_designer
Жыл бұрын
4 mil investment. I see. Let me take a note of that!
@jpl0202
5 ай бұрын
Don't get married and don't have any kids and you'll grow old worrying about how to give your money away rather than worrying about what vultures will be circling!
@platoscavealum902
Жыл бұрын
👍
@polish2x91
Жыл бұрын
How to buy a home in Brooklyn: step one, move out of Brooklyn. Step two if you work remotely: move to Ohio.
@LinusWilson
Жыл бұрын
Dude is no friend of the working man. Another self-centered greedy tech bro.
@GasMart623
8 ай бұрын
Stoic emotionally? Really?
@catherinesalacuse3284
Жыл бұрын
Great analysis on couples though as you said, doesn’t work for young couples, first marriage, no real assets yet usually…Honest & transparent is the usual easy answer…. In many areas 🇫🇷🇺🇸
@jjohnson2912
4 ай бұрын
I’m very curious as to the advice that would be given to those not born white male with gale force winds at their backs? Because they’re already at a disadvantage according to this point.
@robertbaskin5677
3 ай бұрын
The short answer.... His content is not for those people.
@willowgarth
Жыл бұрын
Spending $400k a month is some going, even by Prof G standards!
@GasMart623
8 ай бұрын
Wow - "Need a million a year."
@SPLUGA
Жыл бұрын
Scott I can help you w your money issue !!
@Username_CC_
Жыл бұрын
So annoying saying you need to make a million a year like so disconnected from reality these days
@manzo31
Жыл бұрын
How old is Ed?
@Voltaire80
Жыл бұрын
This is great, but as Scott admitted to it, he is in a privileged insider position. So sounds great but....
@lokingbob
Жыл бұрын
Yay, I get my daily dad joke!
@ericchang9568
Жыл бұрын
This guy is worth 9 figures and still feels insecure? He couldn't pay for his mom's care at 27 and yet bought his first house when 28, with gf's parents helping with down payment? What advice can he give to 27 year old, other than finding a rich gf? He's divorced at 34 btw. Can we seek advice from normal people? How about inviting guests that worked till 34 to pay off their student loans, didn't buy a house until 45, and are content and secure with 7 or 6 figures netwoth, and don't curse like a simpleton who's too dim witted to find irony in his own advice?
Пікірлер: 194